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Worcester 01607 South Quinsigamond Village
6 Palace Gardens Rd.
Photo of 6 Palace Gardens Rd.
Sold on May 31, 2006

1

Map

$236,000
● House - Off Market

6 Palace Gardens Rd.

Worcester, MA 01607
bedrooms
3 Beds
bathrooms
2 Baths
square feet
924 Ft²
$395,597
RealtyHop Estimate
68.34%
Since Jun 1, 2006
National-US
Primary Model

About This Property

Great starter home minutes to new Mass Pike Exit! 3 bedrooms plus 4 rooms and fireplace in finished basement. Fireplaced living room, hardwoods, recent roof, windows, siding. 1 car garage, nice corner lot, More!!!
Unit Size
924 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$254
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #70366821)

Price History

Date / Event Date Event Price
May 31, 2006 Sold
Premium
Sold
Apr 13, 2006 Listed $235,000
Listed
Dec 31, 2002 Sold
Premium
Sold
Aug 28, 2002 Listed $179,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 840
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,260
  • Gross Building Area: 2,845
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSOR S PLAN 621
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 29-033-00019
  • Parcel: WORC M:29 B:033 L:00019
  • Block: 33
  • Lot: 19
  • Municipality: WORCESTER
  • Latitude: 42.2171
  • Longitude: -71.7971

    Address

  • Full Address: 6 Palace Gardens Rd
  • Address - House Number: 6
  • Address - Street Name: Palace Gardens
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1722
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,800

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 367,299
  • High Value: 439,240
  • Low Value: 295,358

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,000
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $190,900

    Sales

  • Current Sale Recording Date: May 31, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00079953
  • Previous Sale Recording Date: Dec 31, 2002
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Quinsigamond Village

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$293

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1376 ft²

Average Home Age

108.5 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70366821

Frequently Asked Questions

When was property at 6 Palace Gardens Road built and last sold?
The property at 6 Palace Gardens Road was built in 1925 and last sold on Jan 1, 1970 for $236,000.
How much is this home worth?
The estimated value of the home located at 6 Palace Gardens Road is $232,780.
What are some comparable homes to 6 Palace Gardens Road?
There are currently no comparable homes to 6 Palace Gardens Road.
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